Sergey Grishin was born on the 21 June 1966 and was a Russian-American billionaire, engineer, and developer, who was the president and chairman of RosEvro Group.
Grishin co-owned the Rosevrobank (aka The Laundromat) and has claimed that he ‘practically brought the Russian banking system to collapse’ in the 1990s after the Soviet Union collapsed by committing ‘the largest bank fraud scheme ever’, orchestrating a $60 billion heist from the Russian Central Bank.
After receiving his degree in Physics, Grishin began his career as an entrepreneur in 1987 by baking cookies and hot dogs in his Moscow apartment for 2 cents apiece and selling them for 10 cents. This was the start of a small business in the retail food industry.
Grishin was the chairman of Rosevrobank when it was at the center of the Russian Laundromat scandal. He later became a founding partner of the RosEvro Group, a large consortium of businesses that include National Logistic Company (NLK), the largest Russian logistic company, which was sold to a well-known international Logistics Company in 2008.
In June 2020 Grishin sold his mansion ″Chateau of Riven Rock″ to Prince Harry and his wife Meghan Markle for $14.65 million.
Sergey Grishin Nickname: Why was Sergey Grishin called ‘Scarface Oligarch?’
In 2019 he moved from Santa Barbara to Los Angeles. Grishin acquired two mansions in Montecito: In 2008 the mansion named ″El Fureidis″, which prominently featured in the 1983 film “Scarface”, and in 2009 the seven-acre site ″Chateau of Riven Rock″ for $25.3 million. Grishin sold his stake in Rosevrobank in November 2018.
This earned Sergey Grishin the name ‘Scarface Oligarch’.